Quest Rare Minerals Ltd. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended July 31, 2013
For the nine months, the company reported operating loss of $3,341,940 against $4,400,027 a year ago. Loss before income taxes was $3,147,639 against $3,977,975 a year ago. Net loss and comprehensive loss for the period was $3,147,639 against $3,647,648 a year ago. Basic and fully diluted loss per share was $0.05 against $0.06 a year ago. Net cash flows used in operating activities was $1,838,365 against $2,190,161 a year ago. Investment in exploration and evaluation assets was $19,382,746 against $16,395,244 a year ago.